MGNC (Mag Magna) Asset Turnover: 0.00 (As of Jan. 2026)

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MGNC Mag Magna Corp MGNC
12 GF Score
Price $0.46
! 5 Warning Signs
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What is Mag Magna Asset Turnover?

Mag Magna MGNC 12 Asset Turnover is 0.00 as of Jan. 2026. GuruFocus rates MGNC with a GF Score™ of 12/100. The stock has 5 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Mag Magna's Revenue for the three months ended in Jan. 2026 was $0.00 Mil. Mag Magna's Total Assets for the quarter that ended in Jan. 2026 was $1.02 Mil. Therefore, Mag Magna's Asset Turnover for the quarter that ended in Jan. 2026 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Mag Magna's annualized ROE % for the quarter that ended in Jan. 2026 was -75.89%. It is also linked to ROA % through Du Pont Formula. Mag Magna's annualized ROA % for the quarter that ended in Jan. 2026 was -51.40%.


Mag Magna  (OTCPK:MGNC) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Mag Magna's annulized ROE % for the quarter that ended in Jan. 2026 is

ROE %**(Q: Jan. 2026 )
=Net Income/Total Stockholders Equity
=-0.524/0.6905
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.524 / 0)*(0 / 1.0195)*(1.0195/ 0.6905)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.4765
=ROA %*Equity Multiplier
=-51.40 %*1.4765
=-75.89 %

Note: The Net Income data used here is four times the quarterly (Jan. 2026) net income data. The Revenue data used here is four times the quarterly (Jan. 2026) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Mag Magna's annulized ROA % for the quarter that ended in Jan. 2026 is

ROA %(Q: Jan. 2026 )
=Net Income/Total Assets
=-0.524/1.0195
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.524 / 0)*(0 / 1.0195)
=Net Margin %*Asset Turnover
= %*0
=-51.40 %

Note: The Net Income data used here is four times the quarterly (Jan. 2026) net income data. The Revenue data used here is four times the quarterly (Jan. 2026) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Mag Magna Asset Turnover Related Terms


Mag Magna Asset Turnover Historical Data

* Premium members only.

The historical data trend for Mag Magna's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mag Magna Asset Turnover Chart

Mag Magna Annual Data
Trend Apr23 Apr24 Apr25
Asset Turnover
0.00 0.12 0.43

Mag Magna Quarterly Data
Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.22 0.05 0.00 0.00 0.00

MGNC vs AGRZ, AQB, EDBL: Asset Turnover Comparison

For the Farm Products subindustry, Mag Magna's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mag Magna Asset Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mag Magna's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Mag Magna's Asset Turnover falls into.


MGNC
12GF Score
Mag Magna Corp MGNC
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Mag Magna Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Mag Magna's Asset Turnover for the fiscal year that ended in Apr. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Apr. 2025 )/( (Total Assets (A: Apr. 2024 )+Total Assets (A: Apr. 2025 ))/ count )
=0.05/( (0.087+0.144)/ 2 )
=0.05/0.1155
=0.43

Mag Magna's Asset Turnover for the quarter that ended in Jan. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2026 )/( (Total Assets (Q: Oct. 2025 )+Total Assets (Q: Jan. 2026 ))/ count )
=0/( (0.113+1.926)/ 2 )
=0/1.0195
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.00 mean?
Mag Magna (MGNC) has a Asset Turnover of 0.00 as of Jan. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Mag Magna and its competitors.
Is Mag Magna's Asset Turnover too high?
Mag Magna's current Asset Turnover is 0.00. Overall, Mag Magna has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Mag Magna's Asset Turnover compare to AGRZ and AQB?
Mag Magna's Asset Turnover of 0.00 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Consumer Packaged Goods company?
A good Asset Turnover depends on the Consumer Packaged Goods industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Mag Magna and its competitors. Mag Magna's current Asset Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mag Magna stock overvalued right now?
Mag Magna (MGNC) has a current Asset Turnover of 0.00. The current Asset Turnover is 0.00. Mag Magna's overall GF Score™ is 12/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Mag Magna (MGNC), the current Asset Turnover is 0.00 as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mag Magna Business Description

Address Huaqiang Square, Room 2318, Anxiaowo Apartment, Fuhai Sub-District, Bao’an District, Shenzhen, CHN, 518000
Mag Magna Corp focuses on assisting and consulting businesses engaged in poultry farming. Its purpose is to introduce and promote alternative methods of raising chickens without the use of antibiotics. Its business activities include providing consulting in poultry farming optimization including data analysis, planning, and environmental impact; optimization of bird feeding processes; transitioning to antibiotic-free practices; IT product integration covering software, strategic decision consulting, software acquisitions, and integration; disease prevention and management; egg production and quality improvement; implementing sustainable practices in poultry farming such as waste management, and resource sustainability; poultry genetics and breeding strategies; and others.
12GF Score

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